Spot: MXN 1 = $13.3694
30-day forward: MXN 1 = $13.3488
90-day forward : MXN 1 = $13.2219
180-day forward: MXN 1 = $13.1888
Spot: Euro 1 = $0.7931
30-day forward : Euro 1 = $0.7942
90-day forward: Euro 1 = $0.7943
180-day forward Euro 1 = $0.7948
3. Assuming there are no transaction costs and supposing that £1 = $1.563740 in New York, $1 = € 0.796178 in Paris, and €1 = £0.803199 in London, calculate the arbitrage opportunities that exist based on these rates. (Briefly show or explain how you arrived at your solutions to get partial credit if one or more answers are incorrect.)
4. Suppose Microsoft Corporation (Microsoft) receives quotes of $0.012524 (bid) and $0.012526 (ask) for the yen( ¥) and $0.033540 (bid) and $0.033541 (ask) for the Taiwan dollar (NT$).
5. In a 2-3 page document, discuss reasons that MNCs list their shares on foreign capital markets.
Your answers must be presented in a Word document; if you do any calculations in Excel, copy and paste them from Excel into the Word document. Make sure your responses are clearly marked so your instructor knows which questions your responses are answering. Written comments must be formatted in conformity with CSU-Global Guide to Writing and APA Requirements (Links to an external site.). This assignment should amount to 2-3 pages of text in addition to your responses for questions 1-4.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more